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-133-<br />

concession area of 100,000 acres. It was the first time a<br />

concession area had ever been granted to an agricultural company<br />

in this Western Province of the Hinterland ("Lofa County" after<br />

1965). However, this concession area, situated in the northwestern<br />

corner of the country, close to the Sierra Leonan and<br />

Guinean borders, was never developed, probably because of the<br />

absence of transportation facilities and means of communication,<br />

and was forfeited after eleven years, in conformity with Article<br />

X of the concession agreement (29).<br />

<strong>The</strong> concession area in the Central Province (now Gibi Territory)<br />

was on the contrary very favourably located: just beyond the<br />

Monrovia - Totota highway, then the major paved road in the<br />

country (30). As there existed a growing number of Liberian rubber<br />

farmers in this same area, the company's management was attracted<br />

by the idea of buying up the output of these Liberian farmers<br />

to process it in the factory which it planned to establish,<br />

and to export the result of its processing activities over the<br />

roafl to Monrovia where it would be shipped. In an interview with<br />

the company's General Manager, M. Boissevain, the latter<br />

complained bitterly that these prospects were never realized due<br />

to the fact that three years later the Liberian Government<br />

granted a concession for the buying and processing of Liberian<br />

produced rubber in the same region to a Dutch-owned company,<br />

which established subsequently a rubber processing plant nearly<br />

opposite the gates of the Salala Rubber Corporation (see below)<br />

(3D.<br />

This agreement had been drawn up along basically the same lines<br />

as those with BFG and with LAC, though a few differences exist<br />

(besides the ones already mentioned). <strong>The</strong> concessionaire resp.<br />

the Salala Rubber Corporation ("Salala") had to start paying<br />

rental within 24 months after the effective date of the<br />

agreement, and upon a total of not less than 20,000 acres (6<br />

cents per acre per annum), further, the company was granted the<br />

right to use its infrastructure ("the Accessory Uorks and<br />

Installations") not only for the purpose for which it would be<br />

built, i.e. the concession, but also for the purpose of<br />

providing transportation and communication services to the<br />

general public, at rates to be agreed upon, whereas BFG and LAC<br />

first needed approval of the Government to do likewise; Salala<br />

was granted a 14 year period of income taxes exemption after<br />

which it would pay income taxes of general application and,<br />

lastly, if in case of arbitration the two arbiters (one<br />

appointed by each party) could not agree on a third arbiter - if<br />

needed - the latter would be appointed by the Supreme Court of<br />

Liberia (instead of by the President of the Yale University as in<br />

the concession agreements with BFG and LAC). <strong>The</strong> other articles<br />

of the concession agreement with RCM-Amsterdam and NRC-Hamburg<br />

resp. Salala which granted the right to engage in agricultural,<br />

mining, and other activities (notably the harvesting of timber)<br />

vrere identical with those of the agreements concluded with the<br />

B.F.Goodrich Company and the Liberian Agricultural Company.

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